7

STAGING TRANSFORMATION

There are distinct stages along a company’s transformation journey, particularly for organizations like Amedisys that have confronted an existential crisis. The stages move in sequence from turnaround to stability to growth to transformation. Each has unique attributes and requires specific skills and capabilities. This chapter dives into the turnaround stage. It’s intense, immediate, and life-altering for the company and its CEO, so it deserves special attention. The next chapter addresses the subsequent stages.

Not many leaders are effective in all stages of a company’s turnaround and repositioning. CEOs need to be aware of their company’s relative progress within its metamorphosis and manage accordingly. That is neither ...

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